the barn 8 will hall farm, alton, hampshire, GU34 1QL
Website
-
additive first limitedEstimated Valuation
£506.5k
Pomanda estimates the enterprise value of ADDITIVE FIRST LIMITED at £506.5k based on a Turnover of £790k and 0.64x industry multiple (adjusted for size and gross margin).
additive first limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ADDITIVE FIRST LIMITED at £0 based on an EBITDA of £-69.1k and a 3.8x industry multiple (adjusted for size and gross margin).
additive first limitedEstimated Valuation
£2.5m
Pomanda estimates the enterprise value of ADDITIVE FIRST LIMITED at £2.5m based on Net Assets of £1.1m and 2.23x industry multiple (adjusted for liquidity).
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Additive First LimitedOverview
Additive First Limited is a live company located in hampshire, GU34 1QL with a Companies House number of 13664841. It operates in the manufacture of electronic components sector, SIC Code 26110. Founded in October 2021, it's largest shareholder is
richard bennett
with a 50% stake. Additive First Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£790k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Additive First Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
5 Weak
Size
annual sales of £790k, make it smaller than the average company (£18.8m)
£790k - Additive First Limited
£18.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Additive First Limited
- - Industry AVG
Production
with a gross margin of 18.9%, this company has a higher cost of product (30.4%)
18.9% - Additive First Limited
30.4% - Industry AVG
Profitability
an operating margin of -8.7% make it less profitable than the average company (7.4%)
-8.7% - Additive First Limited
7.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (92)
2 - Additive First Limited
92 - Industry AVG
Pay Structure
on an average salary of £47.6k, the company has an equivalent pay structure (£47.6k)
£47.6k - Additive First Limited
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £395k, this is more efficient (£181.6k)
£395k - Additive First Limited
£181.6k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (50 days)
93 days - Additive First Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 127 days, this is slower than average (37 days)
127 days - Additive First Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Additive First Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Additive First Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.8%, this is a lower level of debt than the average (39.9%)
16.8% - Additive First Limited
39.9% - Industry AVG
ADDITIVE FIRST LIMITED financials
EXPORT
Additive First Limited's latest turnover from January 2024 is estimated at £790 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Additive First Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Turnover
789,957
774,694
Other Income Or Grants
Cost Of Sales
640,336
630,437
Gross Profit
149,621
144,257
Admin Expenses
218,685
-1,309,923
Operating Profit
-69,064
1,454,180
Interest Payable
Interest Receivable
Pre-Tax Profit
-69,064
1,454,180
Tax
-276,294
Profit After Tax
-69,064
1,177,886
Dividends Paid
Retained Profit
-69,064
1,177,886
Employee Costs
95,223
93,217
Number Of Employees
2
2
EBITDA*
-69,064
1,454,180
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Tangible Assets
1,130,258
1,178,823
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,130,258
1,178,823
Stock & work in progress
Trade Debtors
202,769
234,547
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
202,769
234,547
total assets
1,333,027
1,413,370
Bank overdraft
Bank loan
Trade Creditors
224,205
235,484
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
224,205
235,484
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
224,205
235,484
net assets
1,108,822
1,177,886
total shareholders funds
1,108,822
1,177,886
Jan 2024
Jan 2023
Operating Activities
Operating Profit
-69,064
1,454,180
Depreciation
Amortisation
Tax
-276,294
Stock
Debtors
-31,778
234,547
Creditors
-11,279
235,484
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-48,565
1,178,823
Investing Activities
capital expenditure
48,565
-1,178,823
Change in Investments
cash flow from investments
48,565
-1,178,823
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
additive first limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for additive first limited. Get real-time insights into additive first limited's credit score, group structure and payment trends.
Perform a competitor analysis for additive first limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in GU34 area or any other competitors across 12 key performance metrics.
additive first limited Ownership
ADDITIVE FIRST LIMITED group structure
Additive First Limited has no subsidiary companies.
Ultimate parent company
ADDITIVE FIRST LIMITED
13664841
ADDITIVE FIRST LIMITED Shareholders
The largest shareholders in Additive First Limited include Richard Bennett and Catherine Lucille Bennett.
richard bennett
50%
catherine lucille bennett
50%
additive first limited directors
Additive First Limited currently has 4 directors.
The longest serving directors include
Mrs Catherine Bennett (Oct 2021) and
Dr Richard Bennett (Oct 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024
net assets
1.1m
-0.06%
total assets
1.3m
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
additive first limited company details
company number
13664841
Type
Private limited with Share Capital
industry
26110 - Manufacture of electronic components
incorporation date
October 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
the barn 8 will hall farm, alton, hampshire, GU34 1QL
Bank
-
Legal Advisor
-
additive first limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to additive first limited.
additive first limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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additive first limitedCompanies House Filings - See Documents
